- The market is melting down over news that Europe is starting to lock down again, causing many investors flashbacks of the economic collapse we faced in April.
- Every market downturn is a glorious long-term opportunity for locking in safe income and strong returns, if you have the right watchlist.
- Today, I analyzed Leggett & Platt and Hubbell per Dividend King member request for possible inclusion in the Phoenix watchlist, the highest-quality and safest companies in America.
- These are the companies most likely to rise from the ashes of this recession and soar to new heights.
- Leggett & Platt has the makings of a 10/11 SWAN quality Dividend King, but for now, is a speculative 7/11 quality Dividend Aristocrat that's reasonably priced. Hubbell is a 10/11 SWAN that's about fairly valued, and that I've added to the DK Phoenix watchlist for its strong long-term growth potential fueled by future infrastructure spending.
For further details see:
2 Wonderful Dividend Stocks To Consider As The Market Melts Down